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Detroit Riverfront Conservancy Chief Financial Officer William Smith speaks during a press conference before the groundbreaking to expand the East Riverfront at the former Uniroyal site along the ...
The ousted chief financial officer for the Detroit Riverfront Conservancy has been charged with bank fraud and wire fraud in a criminal complaint that alleges he stole $40 million, according to a ...
EX-CFO William Smith’s indictment has raised questions about how region's top business, philanthropic and civic leaders missed years of alleged theft.
A man accused of stealing $44 million from a Detroit nonprofit group pleaded guilty Friday to financial crimes that stunned the organization and forced some delays in a major riverfront project.
William Smith, former CFO of the Detroit Riverfront Conservancy, walks out of the U.S. District Court after being arraigned in federal court in Detroit on Thursday, Sept. 26, 2024.
The Detroit Riverfront Conservancy, incorporated as a 501(c)(3) organization, helped raise funds for the International Riverfront project. [1] Developers planned the initial east riverfront promenade investment at $559 million, which included contributions of $135 million from GM and $50 million from the Kresge foundation. [5]
Ex-Detroit Riverfront Conservancy CFO William Smith pleaded guilty to wire fraud and money laundering Friday, setting the stage for a sentencing hearing that could yield an up to 20-year prison ...
DETROIT (FOX 2) - The 52-year-old former chief financial officer of the Detroit Riverfront Conservancy pleaded guilty to federal crimes of wire fraud and money laundering on Friday. Will Smith was ...